Please make sure you email to [email protected] to inform us of your MT4 account number to activate your free trial license usage or the calculator will not work.
Please download the zip file at https://www.onlinegurutrader.com/wp-content/uploads/2021/03/OGT-risk-calculator.zip
After downloading it, unzip and you will see 2 files.
After you login to your MT4 terminal, go to “file”, go to “open data folder” and select it left clicking on it once and a new explorer window will open up.
Then you go to “MQL4” folder and double left click on it, then you double left click to go into “Experts” folder and copy and paste the OGT risk calculator.ex4 into the folder.
Click on back arrow once to go back and double left click on “Libraries” folder to go into it and cppu and paste OGT risk calculator.dll into the folder.
Closed all folders and closed your MT4 terminal and restart your MT4 terminal.
Now plot any chart and from the navigator, click on Expert Advisors and click and drag OGT risk calculator to the chart.
Your risk calculator will be ready to use.
Key in the risk percentage based your capital you want for each trade and put the trade in based on market order from buy calc or sell calc and clicking execute trade. You can adjust your stop loss level and TP level by right clicking on the line and choosing horizontal line properties and keying your stop loss or TP level depending on which line you choose.
It is the same for pending orders where you click on pending order button and 3 lines will come out for you, a Target Profit line, Entry price level line and stop loss level line. And all this lines can be adjusted like the above paragraph as well. The calculator will automatically sense whether it is a buy limit, buy stop sell limit or sell stop order based on how you put your entry price and your TP and Stop loss.